MTN buys Investcom in Dubai

By on May 3, 2006 in News

Link: MTN to buy Dubai firm for $5 billion – Business – International Herald Tribune.

MTN, the largest African mobile phone carrier, said Tuesday it had agreed to buy Investcom, a Dubai company, for $5.53 billion in a deal that underscores the value companies are placing on emerging markets.

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  • http://www.sharegyan.com sharegyan

    Hi,

    Once again after crash Nifty has started going up. Now we suggest all rises should be used as an opportunity to exit old long positions.
    This bull run will continue for few more days. Overall market is in bearish mood as in medium term its just a small rally due to short covering
    and result season.

    Happy Trading,

    ShareGyan

  • http://www.sharetipsinfo.com SHARETIPSINFO

    Hi,
    Lot of global tensions is going on at this time. Japan is expected to pull out
    its money from the global market as they want to revamp their country now. In
    current scenario anything can happen in the Share market Investors
    are advised not to panic and stay invested only safe traders and investors
    should exit their long positions on every high and one can use every decline as
    an opportunity to enter market again.
    Regards
    SHARETIPSINFO
    TEAM

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